Everyone who starts a business has every intention of being successful; however, enthusiasm is only one of the vital prerequisites for success, and the stark reality is that many new businesses fail within the first year and OVER 50% fail to survive beyond the third year.
The reasons for failure vary, from inadequate planning and market research, ineffective strategy and/or implementation, cash-flow difficulties or a combination of such factors pertaining to management and leadership issues. Another serious cause of failure which has impacted on even major global corporations (for example, Woolworths PLC, Xerox and Kodak) is the inability to sustain a competitive advantage, which is absolutely fundamental in today's rapidly changing competitive commercial environment.
At IBC, we have extensive expertise in all aspects of business management and leadership to ensure that thorough planning from the outset - and throughout the managed development of your business - will help provide you with the foundation to not only achieve success but to continue to effectively manage growth and remain one step ahead of your competition - not one step behind them.
Is your Start-Up in difficulty?
In the event that you are currently in the position of having started your business but now find you are in difficulty, we may be able to provide vital assistance; with our focused, analytical and empathetic approach, we can undertake a prompt, comprehensive appraisal in order to provide critical advice and help determine an appropriate, effective strategy. Critically, a potentially successful strategy will fail unless it is implemented effectively - and at IBC, we can help achieve this objective.
Furthermore, once we have helped you to get back on-track, we can provide on-going, inspirational support to help ensure that you remain successful. However, to maximise the potential for survival, please consider that time is of the essence and it is, thus, critical to take immediate, decisive action.
For an initial exploratory discussion, in strictest confidence and without any obligation or cost, please talk to us now on: